The global forage seeds market is estimated to be valued at USD 9.91 Billion in 2016 and projected to reach USD 17.37 Billion by 2022, at a CAGR of 9.81% from 2016 to 2022. Growth in the market can be attributed to factors such rapid increase in demand for animal feed, increasing livestock population, and improvement in the quality & quantity of forage crops.

The global forage seeds market has been segmented on the basis of type, livestock, species, origin, and form. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The main objectives of the report are to define, segment, and project the market size of the global forage seeds market with respect to the above-mentioned segmentations and provide a detailed study of key factors influencing the growth of the market, along with profiling the key players in the market and their core competencies.

Years considered for this report are as follows:

2015 – Base Year
2016 – Estimated Year
2022 – Projected Year

Research Methodology

This report includes estimations of market sizes for value (USD million) with the base year as 2015 and forecast period from 2016 to 2022. Top-down and bottom-up approaches have been used to estimate and validate the size of the forage seeds market and to estimate the size of various other dependent submarkets. Key players in the market have been identified through secondary sources such as the United States Department of Agriculture (USDA) and the Food and Agriculture Organization (FAO), and their market share in respective regions has been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and were verified through primary sources.

Target Audience

The stakeholders for the report include:

Forage seed manufacturers

Forage seed traders, distributors, and suppliers

Forage crop farmers

Government and research organizations

Associations and industry bodies

Agricultural universities

“The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.”